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fiscal-cliff

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Ever since they took control of the House of Representatives in 2011, Republicans have made journeys to the fiscal brink as commonplace as summertime visits to the beach or the ballpark.

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On March 1, the $85 billion collection of budget cuts known as the sequester could wipe out federal programs at such varied places as national parks, the Pentagon and the FBI. Hidden among those cuts are reductions in services that are crucial to Americans' everyday lives -- education, health care and jobs. The Guardian tells us what to expect.

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“Despite such terminology as ‘fiscal cliff’ and ‘debt ceiling,’ ” writes Sen. Bernie Sanders, I-Vt., “the great debate taking place in Washington now has relatively little to do with financial issues. It is all about ideology.”

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Just because the fiscal cliff may have been averted--at least for now--doesn't mean all the economic issues and problems facing this country have magically disappeared along with the manufactured crisis.

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“The fiscal cliff deal, approved by Congress on New Year's Day, eliminates most of the more than $1.4 billion in remaining funding from the federal health law for new nonprofit, customer-owned health plans designed to compete against the major for-profit insurers,” reports MedPage Today.

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